Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$653,052$653,052$648,000
Remaining term (yrs)26.626.630.0
Secondary amount$0$30,948$0
Funding fee$3,265$3,265$0
Note rate6.430%6.430%7.400%
Blended rate6.430%6.676%7.640%
1st payment$4,266.81$4,266.81$4,486.62
2nd payment$0.00$306.26$0.00
Taxes / mo$1,003.00$1,003.00$1,003.00
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$129.60
HOA / mo$9.25$9.25$9.25
Total monthly$5,495.72$5,801.98$5,845.14
Cash to close$66,948$36,000$72,000